Subscribe

Bega Cheese Limited (BGA.AX)

AUD5.89 +0.00 (+0.00%)
AU ASX Consumer Defensive Packaged Foods
Address 23-45 Ridge Street 2550
Bega, NSW, AU
CEO Pete Findlay
IPO 2011-08-30
ISIN AU000000BGA8

Explore sections of this company profile

Description

Established in 1899 and based in Bega, Australia, Bega Cheese Limited is a comprehensive food company engaged in sourcing, processing, manufacturing, and distributing a wide array of dairy and other food products. Its operations are divided into two primary segments: Branded and Bulk. The Branded division concentrates on developing and producing value-added consumer goods for both its proprietary labels and external brands. This includes a diverse range of cheese products, such as natural, processed, and kids' snacking varieties; butter and cream cheese sold under the Farmer's Table brand; condiments like dips, mayonnaise, and dressings marketed as ZoOSh; and various spreads including Simply Nuts, B honey, Bega peanut butter, and VEGEMITE. The Bulk segment, conversely, focuses on the production of large-scale dairy ingredients, as well as specialized nutritional and bio-nutrient components. Beyond these core activities, Bega Cheese is also actively involved in the development and supply of bio-nutrient ingredients specifically for the health and wellness markets. The company extends its services through substantial contract packaging operations. It provides packaging for natural and processed cheddar cheese on behalf of other corporations, handles private label and supermarket own-brand products, supplies raw materials for Quick Service Restaurants, and offers packaging solutions for other dairy companies to sell under their brand names. Bega Cheese Limited maintains a significant international presence, exporting its products to around 40 countries across the Middle East, Southeast Asia, North Asia, Central and South America, and the Pacific Islands.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
AUD5.89 +0.00 (+0.00%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
830.4K
Beta
0.62
Float Shares
268.32M
Free Float %
87.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.03% +1.47% +0.36% -12.10% -8.00% -8.91% +1.28% +50.41% -7.69% -9.51% +204.97%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
5.89
DCF (Unlevered) 1.02 -82.6%
DCF (Levered) 2.73 -53.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 64% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 5 0
Hold 3 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.51
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Packaged Foods: +4.4%
    +0.8% Q4'25: +8.3% (vs Q4'23)
  • EPS growth Packaged Foods: +14.6%
    -128.0% Q4'25: +72.4% (vs Q4'23)
  • FCF margin FCF growth · Packaged Foods: +15.9%
    +0.9% Q4'25: -4.2% (vs Q4'23)
  • EBIT margin Packaged Foods: +7.9%
    +0.5% Q4'25: +3.8% (vs Q4'23)
  • ROIC Packaged Foods: +7.0%
    +1.3% Q4'25: +13.2% (vs Q4'23)
  • Share dilution Packaged Foods: +0.0%
    -0.4% Q4'25: +0.6% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Packaged Foods: 0.19×
    4.07× Q4'25: 1.41× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.61) × ERP
WACC = 79% × Ke + 21% × Kd (8.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1.02 Current price: 5.89
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Jun 2011
actual
Jun 2012
actual
Jun 2013
actual
Jun 2014
actual
Jun 2015
actual
Jun 2016
actual
Jun 2017
actual
Jun 2018
actual
Jun 2019
actual
Jun 2020
actual
Jun 2021
actual
Jun 2022
actual
Jun 2023
actual
Jun 2024
actual
Jun 2025
actual
Jun 2026
11 Rev. Ana.
8 EPS Ana.
Jun 2027
11 Rev. Ana.
10 EPS Ana.
Jun 2028
9 Rev. Ana.
7 EPS Ana.
Jun 2029
4 Rev. Ana.
2 EPS Ana.
Jun 2030
5 Rev. Ana.
2 EPS Ana.
Revenue
956.94M
est.
926.75M
est: 910.81M (+1.8%)
1.00B
est: 1.02B (-1.8%)
1.07B
est: 1.09B (-1.6%)
1.11B
est: 1.10B (+0.8%)
1.20B
est: 1.15B (+3.9%)
1.23B
est: 1.25B (-2.3%)
1.25B
est: 1.52B (-17.5%)
1.42B
est: 1.60B (-11.2%)
1.49B
est: 1.53B (-2.5%)
2.07B
est: 1.93B (+7.3%)
3.01B
est: 2.94B (+2.3%)
3.38B
est: 3.43B (-1.5%)
3.52B
est: 3.43B (+2.7%)
3.55B
est: 3.64B (-2.6%)
3.75B
3.67B – 3.88B
+2.9% YoY
3.90B
3.82B – 4.08B
+3.9% YoY
4.05B
4.04B – 4.06B
+3.9% YoY
4.19B
4.11B – 4.36B
+3.5% YoY
4.56B
4.48B – 4.75B
+8.9% YoY
EBITDA
32.46M
est.
56.56M
est: 16.56M (+241.5%)
62.84M
est: 27.21M (+130.9%)
52.02M
est: 37.51M (+38.7%)
40.89M
est: 97.03M (-57.9%)
63.82M
est: 16.84M (+279.1%)
69.16M
est: 44.14M (+56.7%)
91.74M
est: 240.01M (-61.8%)
68.79M
est: 52.39M (+31.3%)
86.35M
est: 18.07M (+377.9%)
178.50M
est: 31.55M (+465.8%)
146.00M
est: 32.88M (+344.0%)
-130.00M
est: 116.30M (-211.8%)
151.80M
est: 35.65M (+325.8%)
107.90M
est: 122.18M (-11.7%)
127.19M
124.61M – 131.66M
+4.1% YoY
132.15M
129.69M – 138.32M
+3.9% YoY
137.30M
136.94M – 137.66M
+3.9% YoY
142.11M
139.35M – 147.94M
+3.5% YoY
154.80M
151.79M – 161.15M
+8.9% YoY
EBIT
3.68M
est.
36.26M
est: 21.03M (+72.4%)
43.80M
est: 30.48M (+43.7%)
99.97M
est: 37.51M (+166.5%)
20.08M
est: 97.03M (-79.3%)
43.74M
est: 16.84M (+159.8%)
201.26M
est: 44.14M (+356.0%)
61.56M
est: 240.01M (-74.4%)
39.27M
est: 52.39M (-25.0%)
41.59M
est: 18.07M (+130.2%)
105.70M
est: 31.55M (+235.1%)
42.30M
est: 32.88M (+28.6%)
-231.90M
est: 13.18M (-1,859.5%)
63.70M
est: 35.65M (+78.7%)
17.00M
est: 13.85M (+22.8%)
14.41M
14.12M – 14.92M
+4.1% YoY
14.98M
14.70M – 15.68M
+3.9% YoY
15.56M
15.52M – 15.60M
+3.9% YoY
16.11M
15.79M – 16.77M
+3.5% YoY
17.54M
17.20M – 18.26M
+8.9% YoY
Net Income
36.35M
est.
17.53M
est: 16.18M (+8.4%)
25.45M
est: 19.68M (+29.3%)
66.06M
est: 26.99M (+144.7%)
12.41M
est: 68.52M (-81.9%)
28.78M
est: 12.71M (+126.4%)
138.75M
est: 31.84M (+335.8%)
28.77M
est: 168.15M (-82.9%)
4.45M
est: 29.62M (-85.0%)
21.27M
est: 11.29M (+88.4%)
72.20M
est: 21.61M (+234.1%)
24.20M
est: 22.53M (+7.4%)
-229.90M
est: -210.70M (-9.1%)
30.50M
est: 34.20M (-10.8%)
-8.50M
est: 55.92M (-115.2%)
68.70M
67.11M – 70.28M
+22.8% YoY
78.51M
64.69M – 83.09M
+14.3% YoY
88.32M
86.91M – 99.14M
+12.5% YoY
110.82M
108.02M – 116.72M
+25.5% YoY
120.16M
117.12M – 126.56M
+8.4% YoY
SGA
184.94M
est.
88.22M
est: 67.10M (+31.5%)
99.99M
est: 99.19M (+0.8%)
95.56M
est: 102.97M (-7.2%)
109.05M
est: 108.02M (+1.0%)
117.86M
est: 111.73M (+5.5%)
124.30M
est: 130.38M (-4.7%)
205.94M
est: 150.64M (+36.7%)
237.57M
est: 212.03M (+12.0%)
259.68M
est: 226.96M (+14.4%)
400.70M
est: 263.88M (+51.8%)
616.30M
est: 275.05M (+124.1%)
648.40M
est: 662.67M (-2.2%)
658.20M
est: 298.21M (+120.7%)
672.10M
est: 696.19M (-3.5%)
724.74M
710.03M – 750.16M
+4.1% YoY
752.99M
738.98M – 788.12M
+3.9% YoY
782.34M
780.28M – 784.40M
+3.9% YoY
809.74M
794.01M – 842.93M
+3.5% YoY
882.04M
864.90M – 918.19M
+8.9% YoY
EPS
0.12
est.
0.13
est: 0.13 (+3.8%)
0.17
est: 0.15 (+10.6%)
0.43
est: 0.21 (+103.1%)
0.08
est: 0.14 (-42.9%)
0.19
est: 0.19 (+2.2%)
0.91
est: 0.19 (+385.1%)
0.16
est: 0.28 (-42.5%)
0.02
est: 0.18 (-88.5%)
0.10
est: 0.13 (-22.4%)
0.30
est: 0.15 (+101.9%)
0.08
est: 0.14 (-44.5%)
-0.76
est: -0.69 (-9.7%)
0.10
est: 0.10 (+5.1%)
-0.03
est: 0.18 (-115.4%)
0.23
0.22 – 0.23
+25.4% YoY
0.25
0.21 – 0.27
+10.5% YoY
0.30
0.28 – 0.33
+18.9% YoY
0.36
0.35 – 0.38
+22.0% YoY
0.39
0.38 – 0.41
+8.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-28 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-27 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-26 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-25 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-22 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-21 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-20 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-19 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-18 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-15 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-14 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-13 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-12 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-11 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-08 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-07 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-06 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-05 C+ 2/5 2/5 2/5 3/5 2/5 1/5 3/5
2026-05-04 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-01 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-04-30 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-04-29 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-04-28 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-04-27 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-04-24 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-23 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-22 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-21 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-20 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-17 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-16 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
278.40M
OE per share TTM
0.89
Owner's Yield
16.52%
Maintenance CapEx ratio
6.90%
Maint CapEx / Avg PPE
29.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 86 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 VanEck - Small Companies Masters ETF MVS.AX 1.64% 2.03M 0.49%
2 iShares S&P/ASX Small Ordinaries ETF ISO.AX 0.57% 498.9K 0.55%
3 BetaShares - Australian Sustainability Leaders ETF FAIR.AX 0.30% 2.22M 0.49%
4 Vanguard MSCI Australian Small Companies Index ETF VSO.AX 0.29% 2.30M 0.30%
5 iShares Edge MSCI Australia Multifactor ETF AUMF.AX 0.28% 272.1K 0.30%
6 BetaShares - Australian Ex-20 Portfolio Diversifier ETF EX20.AX 0.17% 771.8K 0.25%
7 iShares International Developed Small Cap Value Factor ETF ISVL 0.15% 482.2K 0.31%
8 BetaShares - Geared Australian Equities Complex ETF GEAR.AX 0.13% 569.6K 0.78%
9 Dimensional - International Small Cap Value ETF DISV 0.09% 4.16M 0.42%
10 State Street SPDR S&P International Small Cap ETF GWX 0.09% 752.3K 0.40%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
4.4K
Shares Outstanding
305.57M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Pete Findlay Chief Operating Officer & Chief Executive Officer 2M male
Barry Irvin Executive Chairman 1M male
Gunther G. Burghardt Chief Financial Officer 1M male
David McKinnon Executive General Manager of People & Capability male
Darryn Wallace Executive General Manager Retail Sales, Marketing & Partnerships male
Jacqueline Scarlett Group General Counsel female
Brett Kelly GAICD Company Secretary male
Zack Chisholm Chief Information Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits